Agricultural & Natural Resources Income Tax Issues Webinar

Tax practitioners, farmers, and farmland owners are encouraged to connect to the Agricultural and Natural Resources Income Tax Issues Webinar (via Zoom) on December 15th from 8:45 a.m. to 3:30 p.m. The event is sponsored by Income Tax Schools at The Ohio State University and Purdue Income Tax Schools.

The webinar focuses on issues specific to farm tax returns related to agriculture and natural resources and will highlight timely topics and new regulations.

Topics to be covered during the Ag Tax Issues webinar include:

• Outlook for Farm Economy
• Legislative and Regulatory Update
• Farm Partnership Tax Matters
• Installment Method on the Farm
• Healthcare Options for Farmers in 2026
• Sale and Exchange of Farm Property
• Cost Recovery in 2025 and Beyond
• CCC Marketing Assistance Loans
• Residual Fertility/Fertilizer Deduction
• Taxability of Highly Pathogenic Avian Influenza (HPAI) Indemnity Payments
• Income Tax Issues – 4-H & FFA Projects
• R&D Tax Credits – Credit for Increasing Research Activities (I.R.C. § 41)
• Changes to Corporate Transparency Act – Beneficial Ownership Information (BOI) Reporting
• Managing Basis in Estates

The cost for the one-day school is $180 if registered by December 1st. After December 1st, the registration increases to $230. Additionally, the course has been approved for the following continuing education credits:

• Accountancy Board of Ohio, CPAs (6 hours)
• Office of Professional Responsibility, IRS (6 hours)
• Supreme Court of Ohio, Attorneys (5 hours)

Registration also includes the Agricultural Tax Issues Workbook. Early registration (at least two weeks prior to the webinar) guarantees that you’ll receive a workbook prior to the webinar.

Instructors will include Jared Foos (President, Foos Garvin Accounting, Inc & instructor for many Ohio and National Tax Courses), Barry Ward, Jeff Lewis, David Marrison, Robert Moore (all with The Ohio State University) and Michael Langemeier (Purdue University).

The live webinar will also feature options for interaction and the ability to ask questions about the presented material.

More information on the workshop, including how to register, can be found at: https://go.osu.edu/tax2025

For any questions, please contact Barry Ward or Jeff Lewis at taxschools@osu.edu